ATTOM: Share of Properties That Are ‘Equity Rich’ Decreased in Q1
The share of residential properties that are considered “equity rich” decreased to 45.8% in the first quarter, down from 46.1% in the fourth quarter...
CoreLogic: Home Prices Increased 1.2 Percent in March
Home prices increased 1.2% in March compared with February and were up 5.3% compared with March 2023, according to CoreLogic’s home price index report.
“Home...
NAR: Home Prices ‘Astonishingly’ Increased 3.4 Percent in Q1 Despite Higher Mortgage Rates
Despite higher mortgage rates, more than 90% of U.S. metros posted home price gains in the first quarter, according to the National Association of...
Fannie Mae: 79 Percent of Consumers Say Now is a Bad Time to Buy...
Roughly 79% of U.S. consumers say now is a bad time to buy a home, according to Fannie Mae’s Home Purchase Sentiment Index (HPSI)...
Redfin: Declining Home Affordability is Hitting America’s Low-Income Buyers Hardest
The progress that was made in providing mortgages to a higher percentage of low-income homebuyers during the pandemic years has been reversed in the...
Dovish Jobs Report Indicates Slowing Labor Market
The U.S. economy added 175,000 jobs in April - lower than expectations - while the unemployment rate increased to 3.9%, according to the U.S....
FHFA: U.S. Home Prices Increased 1.2 Percent in February
U.S. home prices increased 1.2% in February compared with January and were up 7% compared with February 2023, according to the Federal Housing Finance...
ATTOM: Profit Margins on Home Sales Decreased in Q1
Profit margins on median-priced single-family home and condo sales in the U.S. decreased to 55.3% in the first quarter – the lowest level observed...
U.S. Home Prices Continued to Rise in February, Near All-Time Highs
U.S. home prices continued their upward march in February, rising 0.4% compared with January and up 6.4% compared with February 2023, according to the...
Redfin: Flood of Inventory in Parts of Florida, Texas, Resulting in Price Cuts
A recent flood of homes for sale in certain communities in Florida and Texas has resulted in something considered unusual during the past four...
Homebuyer Affordability Declined in March as Rates, Home Prices Increased
Homebuyer affordability worsened in March, as the average mortgage payment applied for by purchase borrowers increased to $2,201, an increase of $17 compared with...
Pending Home Sales Increased in March But Meaningful Gains Won’t Occur Until Rates Fall
Pending home sales increased 3.4% in March compared with February and were up 0.1% compared with March 2023, according to the National Association of...
New Home Sales Jumped in March Despite Higher Mortgage Rates
New home sales in March were at a seasonally adjusted annual rate of 693,000, an increase of 8.8% compared with February and up 8.3%...
Existing-Home Sales Fell 4.3 Percent in March, Ending Rebound
Existing-home sales plummeted 4.3% in March compared with February, falling to a seasonally adjusted annual rate of 4.19 million, and were down 3.7% compared...
Fannie Mae: Home Prices Increased 1.7 Percent in Q1
Single-family home prices increased 1.7% in the first quarter compared with the second quarter and were up 7.4% compared with the first quarter of...
MBA: Applications for New Home Purchases Increased 1 Percent in March
Applications for mortgages for new home purchases increased 1% in March compared with February and were up 6.2% compared with March 2023, according to...
LenderLogix Data Shows Increase in Home Buying Activity in Q1
LenderLogix, a provider of mortgage point-of-sale and automation software for banks, credit unions, independent mortgage banks, and brokers, has released its first-quarter Homebuyer Intelligence...
DataTrace Expands Depth of Title Plants in Eight Florida Counties
DataTrace, a provider of data and automation solutions to the title and settlement services industry, has expanded the historic depth of title plants in...
Redfin: More Than Two-Thirds of Renters Think They’ll Never Own a Home
More than two thirds of renters (38%) in the U.S. say they’ll never own a home due to lack of affordability, a recent survey...
First American: Housing Market Currently Being Driven by the ‘Five Ds’
Existing-home sales in this current market are mostly being driven by the “Five Ds” - death, divorce, diplomas, downsizing, and diapers - according to...